Lately, homeowners have been dreading announcements from the Reserve Bank’s Monetary Policy Committee (MPC). Inflation has been running rampant due to the war in Ukraine and what we now call – the post COVID-19 hangover. This has led to Central Banks hiking interest rates to combat the rising cost of living. But what do all these technical terms mean for …
The Ultimate Bottleneck
After the Global Financial Crisis, for a period of almost 14 years, funds investing in high growth shares such as Amazon or Alphabet were supported by significant tailwinds in earnings and rating expansions, resulting in substantial outperformance of global equity markets. Investors watching from afar rightly questioned the sustainability of these valuations. In fact, on some level, it would be …